ProShares UltraShort Dow30 (NYSEARCA:DXD) Stock Short Interest Report for September

by · The Cerbat Gem

ProShares UltraShort Dow30 (NYSEARCA:DXD – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 360,067 shares, a growth of 57.7% from the September 15th total of 228,357 shares. Based on an average daily trading volume, of 3,549,742 shares, the short-interest ratio is presently 0.1 days. Approximately 18.4% of the shares of the company are short sold.

Institutional Investors Weigh In On ProShares UltraShort Dow30

A number of institutional investors have recently added to or reduced their stakes in DXD. Group One Trading LLC grew its holdings in shares of ProShares UltraShort Dow30 by 2,264.8% in the 1st quarter. Group One Trading LLC now owns 5,439 shares of the exchange traded fund’s stock worth $120,000 after purchasing an additional 5,209 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of ProShares UltraShort Dow30 during the 2nd quarter worth about $417,000. Finally, IMC Chicago LLC acquired a new stake in shares of ProShares UltraShort Dow30 during the 1st quarter worth about $2,189,000.

ProShares UltraShort Dow30 Trading Up 0.9%

Shares of DXD stock traded up $0.15 during mid-day trading on Friday, reaching $17.49. The company’s stock had a trading volume of 4,391,480 shares, compared to its average volume of 2,318,176. ProShares UltraShort Dow30 has a 1-year low of $15.75 and a 1-year high of $23.29. The firm’s 50-day moving average is $17.19 and its two-hundred day moving average is $18.04.

About ProShares UltraShort Dow30

(Get Free Report)

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no predetermined criteria except that components should be established United States companies.

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